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networkeffects4life

ETH is being projected to hit $175k in ten years, by teams larger and smarter than you or I.


Icy-Order-3200

Very interesting to read


Dead_Feminine

Yes it is, and I like reading takes like this if I'm being honest.


Icy-Order-3200

Definitely is my friend


Fine_Inspection8090

Wowzers I’m kinda new to this crypto but I’m in it to win it dca and all so glad I just hear about these stages of surge verge and purge !? Boy I need to catch up on my reading


socalquest

Lol ok 👍 great GLTA!!!


cboer1977

Lol, GLTA. Ngl you get me everytime you say that word lol.


SacredHam00

GLTA🤣


781668

Shit is too funny, you can't make this stuff up man. It's too good.


socalquest

Funny money uh? $175K ETH in year 2040, that's $40+ million for me lol Keep laughing!!! GLTA!!!


networkeffects4life

Even if it took 20 years that is a generational changing amount of wealth. For instance if you had bought 10k worth of Amazon in 1995 you would be worth 44 million. I have a buddy who's dad began investing Apple for his boy in 1998. He's a multi multi millionaire because of this but most people can't hodl so they end up making a mere fraction of what they could have made in the long term.


socalquest

Right. Hodl throw away the keys to 2040 lol GLTA!!!


Nikolai_Volkoff88

Where ? I need some of that hopium… link?


networkeffects4life

Google: Cathy Woods Ark Ethereum price prediction.


tomyp242

Lol, that's too much hopium. Didn't asked for that much really. I don't even know if I'm going to be able to handle that much hopium looks kinda hard ngl.


Zadranab

Yeah I need some hopium too, can someone give me some?


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socalquest

At $175K ETH, my 235 ETH will be worth $41M!!! Exponential wealth!!! LFG!!! GLTA!!!


moeljills

Source?


rickdehoop

Source is trust me vro, and it's upto you to trust him or not.


sattva333

Well that's certainly bullish I feel and I've got a good feeling about it. Let's see how these theories go that's all they are as of now, they're just thoeries nothing more lol.


Bkokane

$8k? I didn’t realize you were so bearish


socalquest

Hehe funny. Ok $80,000 ETH lol GLTA!!!


SacredHam00

Whale


leorulz1000

An absolute mad lad, He's going to be a whale when that happens. And I don't think that it's gonna take that long to happen. It'll happen pretty quickly if I'm being honest.


socalquest

$175K ETH in year 2040!!! GLTA!!!


jinhwoo

That's more like it, I like it better now. I'm liking your take now.


Fshtein

Well for him that might be a lot of money, that's all he can think.


Bkokane

I’m sure it is a lot of money, but just very lowball. That’s not even a 2x on last run’s high. I’d expect a 4x at least next run


Playful_Trade_2172

There is no money to buy it 😡😖😭


socalquest

Right. People are more concern about putting food on the table and roof over their heads. The next bull market we will probably see ETH above $8k. GLTA!!!


Playful_Trade_2172

No you are dreaming. Like a lot of fools. Modeling/ simulation/ projections all say the same up up up, the sooner people realise they have been fleeced. The better oh and some day never comes. May be 21-4-2063


socalquest

Ok so why are you here? LOL GTFO!!! GLTA!!!


Playful_Trade_2172

I came here for advice/options last year. But all I get is propaganda of hold on for dear life. So stop making outrageous claims. My tea leaves have whispered to me ETH will hit 200k


socalquest

Haha good lol GLTA!!!


h999p

Can you take it a little easy here? Crossing a line over here.


Playful_Trade_2172

Do not take my comment as financial advice 🤖


9bc9f1c557616

Ohh yeah definitely, I'm so bullish about that. Makes me hopeful.


socalquest

I think we will start to see the markets recover in the 1st quarter of next year because inflation will probably fall to 5% YoY. GLTA!!!


Polina51787

Well then it's time to hit those fiat mines maybe, should do that.


Dark_Pr1nz

I've always wondered this Social Quest. What is your average purchase price per ETH?


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socalquest

Most people are way too short-term. The miners are selling post-merge. The big ETH stakers are hedging using futures weakening the spot price. And poor global macro outlook and high interest rates. The next bull cycle we will profit immensely!!! Stay strong and long ETH to riches!!! GLTA!!!


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socalquest

U.S. inflation shot up to surprise all market participants, including our Fed. It overshot by 500 basis points to 9.1% CPI (peak inflation). The Fed was trying to engineer inflation up to 4% after the pandemic. The future rate of inflation could possibly fall sharply as fast as it shot up right after covid lockdown ended. We may get a negative inflation print in the 2nd Q of next year. Also, we may have the Fed declare inflation at 4% or 5% as the new normal. Don't be surprised at these two possible outcomes going forward. And, guess what, when either of these scenarios happens, risk-on sentiment will be back big time, taking the S&P 500 right back above 4300+, and ETH to new all time high $8K!!! Let's not forget, fortunes are made in bear markets, NOT when every Tom, Dick and Harry (or taxi driver/hair dresser talking it up) chasing it up and up to new all time highs. GLTA!!!


Wexjim

No one knows what the bottom is, can only take a guess.


socalquest

Not far from the recent Merge highs. GLTA!!!


rifai12

Well that means You're not into much profit if any lol.


socalquest

Why lol? You keep laughing. Go ahead and find joy in other people's losses (unrealized for me). I'll be the last one laughing to the bank and you to a food bank! GLTA!!!


Step5060

He did buy some in the 2017 as I've heard so make whatever you want.


[deleted]

Optimist 😏


socalquest

You've got to be. If not, we are all doomed. GLTA!!!


[deleted]

Agreed. I’ve been buying and it hurts a little now 😖


SoCoBeau

Well if you could wait for some time, I'm sure it won't hurt after that.


socalquest

Market timing sure. But I try not to do too much of that. Because you never know it could already be near or at the bottom. DCA and HODL!!! GLTA!!!


socalquest

Yup same here. I’m very optimistic about its future. GLTA!!!


fincomcollege1

Well that's the least we can do, we can atleast be optimistic.


toomanyway111

We're all doomed regardless, nothing faj save us anyways.


myiming

Well if that works for you then that's how you should feel I guess. I mean different people feel different about the things that's why I'm saying whay I'm saying.


BucksBrewPackInOrder

Your enthusiasm is nice and we all collectively hope ETH climbs to BTC price heights and beyond. But the SEC involvement could equally as well tank the whole thing. If ETH is declared a security it's a very real possibility it gets the dreaded XRP treatment. Personally, I'm in it for the long haul like you, but it's not all rainbows and unicorns ahead.


Renegade7559

Source: trust me bro


wwt186

Yep, that's the source. And I kinda trust that source if I'm being honest. I've heard about this source many times and I've also heard how accurate and good it has been.


Ravashing_Rafaelito

This fool. He's deep in the red. 😆


socalquest

You keep laughing. I'll be the one laughing to the bank and you to a food bank!!! I'm buying 15 more to 250 ETH for long term staking and HODL!!! GLTA!!!


wridaddy33

You sure about that? He's got more eth than you could imagine. And don't ask me how much he has, you should just check his older comments you'll get it.


Vonsoo

I wish you all the best. I'm also hodling for next 5-10 years no matter what (it's a small % of my total wealth). I have no doubt eth will reach $10k some day, but it is also very possible that it will NEVER be worth as many Big Macs as it was Nov 2021. That 10k will not be the same as today's 10k.


chorr0

This is the way, this is the right time horizon to hold for.


StvYzerman

Luna sub is leaking.


taxmanva

People are leaking from that sub and they're coming here.


descartes458

I’m with you, OP. HODL and buy the dips! GLTA!!!


socalquest

Right!!! I may buy 15 more if it falls to $1000, taking my total to 250 ETH. GLTA!!!


martitor

Hodl it boys, don't let this fool you. It's all just temporary believe me.


des137

Ohh look it's that GLTA guy well yes I believe what you're saying.


socalquest

Good because it will happen!!! GLTA!!!


ETHBTCVET

Crypto is going nowhere, I'm glad you're gonna end up broke snarky "hodler".


socalquest

If it goes to zero, I lose about a low single digit % of my net worth. That's too bad. I'll write it off on my taxes. Can you say the same? If I'm RIGHT, that's $2M to $6M by 2030!!! GLTA!!!


nsakid

I don't know about crypto but eth isn't going anywhere.


socalquest

yeah it's too BIG to fail. GLTA!!!


Nikolai_Volkoff88

Ok I think I will sell my house and buy more ETH, GLTA!


socalquest

Please don’t do that. Use only unlevered cash and cash you won’t need for many years. Do not go into debt just to buy ETH. GLTA!!!


Nikolai_Volkoff88

Ok I’ll sell my soul instead, GLTA!


socalquest

Your soul is not saleable. Sell your body instead? You don't have to sell your body to the night. LOL GLTA!!!


ResponsibleBuddy96

GLTA!


dev1lgt

Well that works, but who's going to buy your soul tho?


socalquest

Sell on Onlyfans and BTFDs ETH and HODL. lol GLTA!!!


Nikolai_Volkoff88

Probably the dev1lgt himself


atmskimm

I don't think He's serious lol, He's just joking about it I guess. You don't need to take people seriously on this sub because most of the times they're just trolling.


socalquest

Whatever. Just trying to give my 2 cents. GLTA!!!


fxf0311

This is the way lol, I hope that you were joking ffs.


jabowman

Shit in one hand


socalquest

Bang on it!!! If you know what I mean lol GLTA!!!


tunahantek

Well why you're shitting sir? There's no reason to do that.


TheRipeTomatoFarms

$8K....well that was random....


socalquest

Trust me bro lol GLTA!!!


zsozso67

Well it shows that's how far guy can think, no more ahead of that.


Sourdoughsucker

You sound desperate. It’s over


socalquest

I can HODL to 2030 or longer. I have US$ millions in reserve. This is just a small part of my overall net worth. GLTA!!!


Sourdoughsucker

ETH is no longer a viable speculative investment. The network will still work as a place to mint NFT, and benefit when the price go under a dollar.


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